tag:blogger.com,1999:blog-8487128531050281473.post4889835110059180983..comments2019-01-11T16:38:43.411+00:00Comments on Economics Essays: Causes of Great DepressionTejvan Pettingerhttp://www.blogger.com/profile/03405988099792035111noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-8487128531050281473.post-78770111296195000752017-08-16T14:39:02.660+01:002017-08-16T14:39:02.660+01:00October 24, 1929, witnessed panicked government le...October 24, 1929, witnessed panicked government leaders who passed the Smoot-Hawley tariff to protect their domestic industries and jobs. This resulted in a 25 percent fall in the total number of units.<br /><br />Though the U.S. economy felt the pains of the <b>Great Depression</b> six months before other economies, its actual impact was felt in October 1929 when the stock market prices Fakhruddinhttps://askopinion.com/when-was-the-great-depression-what-caused-itnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-36627381551323109592015-10-02T02:22:21.623+01:002015-10-02T02:22:21.623+01:00I don&#39;t know what all bathe fuss is about the ...I don&#39;t know what all bathe fuss is about the cause was massive over leveraging, or better known as debt. This created massive debt deflation which was just kept at arms reach by Roosevelt until the Second World War broke the shackles.<br /><br />We are now in a similar situation but with low inflation and not deflation, but the level of private debt now post the crash is far greater than theAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-4804083251626459062015-08-11T17:15:01.157+01:002015-08-11T17:15:01.157+01:00For all the high level explanations of 1929 and 20...For all the high level explanations of 1929 and 2008/09, the one hard constant looks to me to have been an overly liberal credit policy creating paper millionaires in the &#39;20&#39;s via stocks and again from the mid &#39;90&#39;s until 2007 in real estate.<br /><br />In those situations, it wasn&#39;t a lack of hard currency, it was a massive imbalance between paper profits and real assets. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-208787931346763382014-11-12T12:38:07.079+00:002014-11-12T12:38:07.079+00:00This US depressions affected whole world some or m...This US depressions affected whole world some or more and also imbalanced economical status of many countries but at that time i took help of <a href="http://pages.rediff.com/epic-research-private-limited/1866892" rel="nofollow">Epic Research</a> and really helped me during that period.hardik bhawsarhttps://www.blogger.com/profile/03541557554670722444noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-30619533129932031442014-08-10T19:03:48.504+01:002014-08-10T19:03:48.504+01:00What a bunch of Keynesian crap - what you call &qu...What a bunch of Keynesian crap - what you call &quot;causes&quot; are, in fact, RESULTS of the Great Depression. The real causes for the Great Depression were: Massive contraction in the Money Supply (Fed constricted the supply of money by 33% - This is what CAUSED the huge deflation in prices And the liquidity crisis on Wall Street &amp; the banks. The other great cause was the inelasticity in Bobby33xhttps://www.blogger.com/profile/17231895268553495879noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-807739433046985832013-04-18T21:23:28.047+01:002013-04-18T21:23:28.047+01:00The sudden slowdown on the economical activity usu...The sudden slowdown on the economical activity usually defines whether a certain nation is undergoing through a recession. Obviously, those countries which have tiger economies will greatly be affected by this event. The reason for this unfortunate event can be attributed to perhaps the value of spending on the economy. A simple logic can be apply to these occurrence, the higher the prices are inHarry Lazarushttp://mycorporation.com/business-formations/noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-64435399378199123052013-04-15T23:10:14.694+01:002013-04-15T23:10:14.694+01:00In my own opinion incident such as the great depre...In my own opinion incident such as the great depression is something unavoidable. Time will come that a nation will experience this kind of economic issue and the only thing they can do is, to prepare their company in advance so that if this kind of scenario came up suddenly they could still manage to establish their own company.Holly Richardsonhttp://www.equityteam.com/noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-84993743165445862242012-11-26T21:07:01.961+00:002012-11-26T21:07:01.961+00:00You know it&#39;s trouble when the stock exchange ...You know it&#39;s trouble when the stock exchange starts dropping drastically. Still, it is not solely responsible for our economic woes. Sometimes it&#39;s actually the lack of confidence in spending brought about by the crash that causes the meltdown.Keith Swaysonhttp://www.thinktankmag.com/author/keith_swanson.htmnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-46764764588088097082011-12-07T04:59:59.657+00:002011-12-07T04:59:59.657+00:00There&#39;s no doubt that tax cuts yield economic ...There&#39;s no doubt that tax cuts yield economic growth. The solution to the 1920-21 depression was drastic cuts in spending, along with huge tax cuts. Federal revenue increased at such a high rate, 1/3 of the debt added under the progressive Woodrow Wilson&#39;s Keynesian economic policies, was eliminated.<br />It was this growth that created the new wealth, that would give new people Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-32429412693966722392010-11-11T20:36:42.789+00:002010-11-11T20:36:42.789+00:00Why hasn&#39;t the collective wisdom taught us how...Why hasn&#39;t the collective wisdom taught us how we got out of the Great Depression of 1929 in order for the public to understand how to effectively get out of the current Great Recession? The public can&#39;t vote for the right leaders when they can&#39;t get a straight answer about the Depression we did get out of and that&#39;s causing so many more people to suffer the consequences 80 yearsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-47486255838696762742009-12-04T16:39:18.704+00:002009-12-04T16:39:18.704+00:00@Garvin Smith
1936
* Top tax rate raised to 79 p...@Garvin Smith<br /><br />1936<br /><br />* Top tax rate raised to 79 percent. <br /><br />* Economic recovery continues: GNP grows a record 14.1 percent; unemployment falls to 16.9 percent. <br /><br />1937<br /><br />* Economists attribute economic growth so far to heavy government spending that is somewhat deficit. Roosevelt, however, fears an unbalanced budget and cuts spending for 1937. ThatAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-90151010519449068542009-03-01T20:59:00.000+00:002009-03-01T20:59:00.000+00:00The crash of the stock market in 1929 did not caus...The crash of the stock market in 1929 did not cause the Great Depression. It did cause a lack of consumer confidence and destruction of wealth, which caused consumers to be more cautions about spending. The biggest contributer of the Great Depression was the government meddeling in the economy. This is mentioned in Ben Bernanke's Macroeconomic textbook, where he states "Economists now recognize Garvin Smithhttps://www.blogger.com/profile/15464496937441191610noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-71057425523351620502009-02-22T01:13:00.000+00:002009-02-22T01:13:00.000+00:00We ae all going into the great depression but this...We ae all going into the great depression but this time it will be the same year as the history starts with the black president so i bet alot of people believe it's all because of that but it's not and we all just need to make sure that we dont go into debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-19129663178099329892008-12-03T04:52:00.000+00:002008-12-03T04:52:00.000+00:00. A “giant suction pump” Here is an article about .... A “giant suction pump” <BR/><BR/>Here is an article about the fed chairman during the time of the Great Depression and what he thought caused it. The same thing is happening again for the same reasons. Too high concentration of wealth for the top 1%er's. Please read:<BR/><BR/>In Review: America's Most Egalitarian Banker <BR/>Marriner S. Eccles, Beckoning Frontiers: Public and Personal Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-47643338936000679442008-12-01T23:26:00.000+00:002008-12-01T23:26:00.000+00:00Our economy fluctuates and will not always be bala...Our economy fluctuates and will not always be balanced, and we are currently in a recession. But now we have FDIC and other types of governmnet programs that will prevent run offs on banks like in the Great Depression. Besides the FED uses tools that control the amount of money that flows in our economy. Of course the job of Allen Greenspand is to ensure Consumer Confidence and if consumer freak Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-87065938874049726472008-11-15T20:36:00.000+00:002008-11-15T20:36:00.000+00:00We haven't learned from out past so now we are des...We haven't learned from out past so now we are destined to repeat it. All of the causes of the Great Depression is what we are experiencing it now. Hold on and cause its gonna get worse!Anonymousnoreply@blogger.com